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Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully
- Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully depreciated at the time of purchase. The financial staff has collected the following information on the project:
- Sales revenues: $ 20 million
- Operating costs: 14 million
- Interest expense: 2 million
- The company has a 30% tax rate, and its WACC is 14%. What is the projects cash flow for the first year?
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Essential Wholesaling Strategies For Real Estate Success
Authors: Farisg H. Al-farisi
1st Edition
979-8866103171
